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Talkspace (TALK) Financials

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$5.19 0.00 (0.00%)
Closing price 04:00 PM Eastern
Extended Trading
$5.19 0.00 (0.00%)
As of 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for Talkspace

Annual Income Statements for Talkspace

This table shows Talkspace's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -29 -22 -63 -80 -19 1.15 7.79
Consolidated Net Income / (Loss)		 -29 -22 -63 -80 -19 1.15 7.79
Net Income / (Loss) Continuing Operations		 -29 -22 -63 -80 -19 1.15 7.79
Total Pre-Tax Income 		-29 -22 -63 -79 -19 1.24 8.37
Total Operating Income		 -29 -22 -94 -83 -23 -4.50 3.15
Total Gross Profit		 20 50 67 60 75 86 98
Total Revenue		 38 76 114 120 150 188 229
Operating Revenue		 38 76 114 120 150 188 229
Total Cost of Revenue		 18 26 47 59 75 101 131
Operating Cost of Revenue		 18 26 47 59 75 101 131
Total Operating Expenses		 50 72 161 143 98 91 95
Selling, General & Admin Expense		 10 15 44 43 27 29 29
Marketing Expense		 28 48 101 73 52 51 54
Research & Development Expense		 12 9.58 16 22 17 10 9.54
Depreciation Expense		 - - - - 1.29 0.86 2.88
Total Other Income / (Expense), net		 0.35 -0.36 31 3.74 4.25 5.74 5.22
Interest & Investment Income		 - - 31 3.74 - - 5.22
Income Tax Expense		 0.01 0.02 0.05 0.25 0.22 0.09 0.57
Weighted Average Basic Shares Outstanding		 12.72M 13.36M 86.78M 156.89M 165.04M 168.91M 167.09M
Weighted Average Diluted Shares Outstanding		 12.72M 13.36M 86.78M 156.89M 165.04M 176.50M 173.65M
Weighted Average Basic & Diluted Shares Outstanding		 12.72M 13.36M 86.78M 162.20M 168.90M 168.44M 167.08M

Quarterly Income Statements for Talkspace

This table shows Talkspace's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -4.41 -1.31 -1.47 -0.47 1.87 1.21 0.32 -0.54 3.25 4.77 -6.31
Consolidated Net Income / (Loss)		 -4.41 -1.31 -1.47 -0.47 1.87 1.21 0.32 -0.54 3.25 4.77 -6.31
Net Income / (Loss) Continuing Operations		 -4.41 -1.31 -1.47 -0.47 1.87 1.21 0.32 -0.54 3.25 4.77 -6.31
Total Pre-Tax Income 		-4.40 -18 -1.30 -0.44 1.80 -1.42 0.44 -0.47 3.28 5.12 -6.18
Total Operating Income		 -5.18 -21 -1.68 -3.49 0.10 -2.79 -1.09 -1.79 2.20 3.83 -7.13
Total Gross Profit		 19 21 22 21 22 22 23 23 25 27 26
Total Revenue		 39 42 45 46 47 49 52 54 59 63 62
Operating Revenue		 39 42 45 46 47 49 52 54 59 63 62
Total Cost of Revenue		 20 21 24 25 26 27 29 31 35 36 36
Operating Cost of Revenue		 20 21 24 25 26 27 29 31 35 36 36
Total Operating Expenses		 24 24 23 25 22 21 24 25 22 23 33
Selling, General & Admin Expense		 6.66 6.84 6.66 9.00 6.81 6.67 7.06 7.65 6.73 7.54 15
Marketing Expense		 13 13 13 13 12 12 14 14 13 12 14
Research & Development Expense		 4.18 3.87 3.74 2.09 2.30 2.26 2.84 2.56 1.78 1.88 2.66
Depreciation Expense		 - - - 0.22 0.23 - 0.65 0.72 0.69 - 1.54
Total Other Income / (Expense), net		 0.78 1.33 0.38 3.04 1.70 0.62 1.53 1.33 1.08 1.29 0.95
Interest & Investment Income		 0.78 - 0.38 3.04 - - 1.53 1.33 - - 0.95
Income Tax Expense		 0.01 0.05 0.17 0.03 -0.07 -0.03 0.12 0.08 0.03 0.35 0.12
Weighted Average Basic Shares Outstanding		 166.57M 165.04M 168.85M 169.15M 168.43M 168.91M 168.67M 167.53M 166.19M 167.09M 167.08M
Weighted Average Diluted Shares Outstanding		 166.57M 165.04M 168.85M 169.15M 173.75M 176.50M 175.55M 167.53M 171.46M 173.65M 167.08M
Weighted Average Basic & Diluted Shares Outstanding		 167.10M 168.90M 169.68M 168.21M 168.92M 168.44M 167.32M 167.47M 165.66M 167.08M 167.51M

Annual Cash Flow Statements for Talkspace

This table details how cash moves in and out of Talkspace's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 30 -26 185 -60 -15 -47 -39
Net Cash From Operating Activities		 -21 -15 -66 -61 -16 11 8.53
Net Cash From Continuing Operating Activities		 -21 -15 -66 -61 -16 11 8.53
Net Income / (Loss) Continuing Operations		 -29 -22 -63 -80 -19 1.15 7.79
Consolidated Net Income / (Loss)		 -29 -22 -63 -80 -19 1.15 7.79
Depreciation Expense		 0.06 0.38 1.97 1.36 1.20 0.86 2.88
Non-Cash Adjustments To Reconcile Net Income		 3.40 2.98 -4.38 15 9.30 8.60 6.10
Changes in Operating Assets and Liabilities, net		 4.43 3.84 -0.74 2.12 -7.71 0.68 -8.23
Net Cash From Investing Activities		 -0.14 -11 -0.66 -0.32 -0.14 -46 -29
Net Cash From Continuing Investing Activities		 -0.14 -11 -0.66 -0.32 -0.14 -46 -29
Acquisitions		 0.00 -12 0.00 0.00 0.00 -5.44 -16
Purchase of Investments		 - - - 0.00 0.00 -41 -49
Sale and/or Maturity of Investments		 - - - - 0.00 0.00 36
Other Investing Activities, net		 0.00 0.45 0.00 -0.32 -0.14 -0.17 -0.07
Net Cash From Financing Activities		 52 0.09 251 1.68 1.90 -12 -19
Net Cash From Continuing Financing Activities		 52 0.09 251 1.68 1.90 -12 -19
Repurchase of Common Equity		 0.00 0.00 -0.05 -0.65 0.00 -11 -17
Other Financing Activities, net		 0.30 0.09 251 2.33 1.90 -1.19 -1.79
Cash Interest Paid		 0.05 0.04 0.54 0.07 0.00 0.00 0.00
Cash Income Taxes Paid		 0.00 0.00 0.00 0.12 0.22 0.10 0.42

Quarterly Cash Flow Statements for Talkspace

This table details how cash moves in and out of Talkspace's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -0.77 -1.42 -3.63 -5.37 4.08 -42 -17 -5.74 -11 -6.30 -5.94
Net Cash From Operating Activities		 -1.12 -1.53 -3.39 4.81 6.21 4.08 -1.24 -0.35 4.75 5.38 -4.42
Net Cash From Continuing Operating Activities		 -1.12 -1.53 -3.39 4.81 6.21 4.08 -1.24 -0.35 4.75 5.38 -4.42
Net Income / (Loss) Continuing Operations		 -4.41 -1.31 -1.47 -0.47 1.87 1.21 0.32 -0.54 3.25 4.77 -6.31
Consolidated Net Income / (Loss)		 -4.41 -1.31 -1.47 -0.47 1.87 1.21 0.32 -0.54 3.25 4.77 -6.31
Depreciation Expense		 0.31 0.28 0.20 0.22 0.23 0.21 0.67 0.70 0.69 0.82 1.54
Non-Cash Adjustments To Reconcile Net Income		 2.74 2.25 3.40 1.45 1.65 2.53 1.67 1.73 1.38 1.32 2.81
Changes in Operating Assets and Liabilities, net		 0.26 -2.76 -5.52 3.61 2.45 0.14 -3.90 -2.24 -0.57 -1.53 -2.46
Net Cash From Investing Activities		 -0.03 -0.13 -0.39 -1.77 -1.69 -43 -9.02 -2.37 -6.32 -11 -0.79
Net Cash From Continuing Investing Activities		 -0.03 -0.13 -0.39 -1.77 -1.69 -43 -9.02 -2.37 -6.32 -11 -0.79
Acquisitions		 - - -0.37 - -1.66 -1.68 -2.00 -2.50 -2.85 -8.20 -3.20
Purchase of Investments		 - - 0.00 - - - -10 -10 -12 -17 -14
Sale and/or Maturity of Investments		 - - 0.00 - - - 3.43 10 8.64 14 16
Other Investing Activities, net		 -0.04 -0.13 -0.02 - -0.07 -0.10 -0.02 -0.02 -0.01 -0.03 -0.00
Net Cash From Financing Activities		 0.37 0.24 0.15 -8.41 -0.44 -3.49 -6.36 -3.02 -9.12 -0.50 -0.73
Net Cash From Continuing Financing Activities		 0.37 0.24 0.15 -8.41 -0.44 -3.49 -6.36 -3.02 -9.12 -0.50 -0.73
Repurchase of Common Equity		 - - 0.00 - - -3.00 -6.46 -1.94 -8.80 - 0.00
Other Financing Activities, net		 0.37 0.24 0.15 -0.41 -0.44 -0.49 0.11 -1.08 -0.32 -0.50 -0.73
Cash Income Taxes Paid		 0.02 0.02 0.02 0.02 0.01 0.05 0.05 0.03 0.18 0.16 0.27

Annual Balance Sheets for Talkspace

This table presents Talkspace's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 33 224 156 142 139 135
Total Current Assets		 21 213 153 140 130 111
Cash & Equivalents		 13 198 139 124 77 37
Short-Term Investments		 - - - 0.00 41 55
Accounts Receivable		 5.91 5.51 9.64 10 9.64 16
Other Current Assets		 1.52 9.56 4.37 5.72 2.73 2.42
Plant, Property, & Equipment, net		 0.18 0.62 0.68 0.00 0.00 0.00
Total Noncurrent Assets		 12 9.65 3.02 2.42 8.50 24
Goodwill		 6.13 6.13 - - 0.00 3.32
Other Noncurrent Operating Assets		 0.69 0.08 0.49 2.42 8.50 20
Total Liabilities & Shareholders' Equity		 33 224 156 142 139 135
Total Liabilities		 20 31 29 24 21 18
Total Current Liabilities		 20 27 27 22 19 17
Accounts Payable		 7.90 7.43 6.46 6.11 7.71 8.50
Accrued Expenses		 7.42 13 17 12 8.03 6.67
Current Deferred Revenue		 5.17 7.19 4.36 3.07 3.28 2.22
Total Noncurrent Liabilities		 0.00 4.16 1.40 1.93 2.26 0.45
Other Noncurrent Operating Liabilities		 0.00 4.16 1.40 1.93 2.26 0.45
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 -99 192 128 119 117 117
Total Preferred & Common Equity		 -99 192 128 119 117 117
Total Common Equity		 -99 192 128 119 117 117
Common Stock		 9.89 364 379 389 387 378
Retained Earnings		 -109 -172 -251 -270 -269 -261
Accumulated Other Comprehensive Income / (Loss)		 - - - 0.00 0.00 0.06

Quarterly Balance Sheets for Talkspace

This table presents Talkspace's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 176 145 141 140 138 134 138 134 133 129 136
Total Current Assets		 166 141 137 138 136 129 132 124 121 114 110
Cash & Equivalents		 153 125 126 125 120 115 119 60 54 40 31
Short-Term Investments		 - - - - - - - 48 48 52 53
Accounts Receivable		 8.69 12 8.42 7.97 11 12 9.60 13 15 15 24
Other Current Assets		 4.61 3.81 2.92 4.41 4.42 2.30 2.92 2.52 2.48 3.80 2.70
Plant, Property, & Equipment, net		 0.85 0.56 0.46 0.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets		 8.85 2.86 2.62 2.36 2.55 5.02 6.71 10 12 15 26
Goodwill		 6.13 0.00 0.00 0.00 0.00 - - - - - 3.43
Other Noncurrent Operating Assets		 0.00 0.52 0.46 0.39 2.55 5.02 6.71 10 12 15 22
Total Liabilities & Shareholders' Equity		 176 145 141 140 138 134 138 134 133 129 136
Total Liabilities		 33 23 21 23 19 20 21 21 20 20 23
Total Current Liabilities		 29 22 20 21 16 18 19 19 19 19 23
Accounts Payable		 10 7.67 5.48 6.51 5.81 7.73 8.30 11 8.62 9.62 12
Accrued Expenses		 13 9.80 10 11 7.00 7.31 7.25 4.74 7.06 6.65 8.17
Current Deferred Revenue		 5.46 4.12 3.68 3.62 2.88 2.73 3.51 3.85 2.87 3.11 2.98
Total Noncurrent Liabilities		 3.94 1.55 1.12 1.78 3.01 1.97 1.59 1.71 1.31 0.58 0.33
Other Noncurrent Operating Liabilities		 3.94 1.55 1.12 1.78 3.01 1.97 1.59 1.71 1.31 0.58 0.33
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 143 122 120 118 120 114 118 113 113 109 113
Total Preferred & Common Equity		 143 122 120 118 120 114 118 113 113 109 113
Total Common Equity		 143 122 120 118 120 114 118 113 113 109 113
Common Stock		 376 382 384 387 391 386 388 382 382 375 381
Retained Earnings		 -233 -260 -265 -269 -272 -272 -270 -269 -269 -266 -268
Accumulated Other Comprehensive Income / (Loss)		 - - - - - - - 0.03 0.02 0.06 -0.04

Annual Metrics And Ratios for Talkspace

This table displays calculated financial ratios and metrics derived from Talkspace's official financial filings.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 0.00 51,750,000.00 152,307,497.00 - - - 165,656,124.00
DEI Adjusted Shares Outstanding		 0.00 51,750,000.00 152,307,497.00 - - - 165,656,124.00
DEI Earnings Per Adjusted Shares Outstanding		 0.00 -0.43 -0.41 - - - 0.05
Growth Metrics		 - - - - - - -
Profitability Metrics		 - - - - - - -
Net Operating Profit after Tax (NOPAT)		 -21 -15 -66 -58 -16 -4.16 2.94
Return On Investment Capital (ROIC_SIMPLE)		 - - - -45.64% -13.69% -3.54% 2.51%
Earnings before Interest and Taxes (EBIT)		 -29 -22 -94 -83 -23 1.24 3.15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -29 -22 -92 -82 -22 2.10 6.03
Valuation Ratios		 - - - - - - -
Leverage & Solvency		 - - - - - - -
Liquidity Ratios		 - - - - - - -
Cash Flow Metrics		 - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -15 -61 -53 -22 -9.00 -22
Efficiency Ratios		 - - - - - - -
Capital & Investment Metrics		 - - - - - - -
Invested Capital		 0.00 -0.86 -5.98 -11 -5.26 -0.42 24
Increase / (Decrease) in Invested Capital		 0.00 -0.86 -5.12 -5.03 5.75 4.85 25
Book Value per Share		 $0.00 ($1.91) $1.26 $0.80 $0.71 $0.70 $0.71
Tangible Book Value per Share		 $0.00 ($2.13) $1.20 $0.79 $0.71 $0.70 $0.69
Total Capital		 0.00 12 192 128 119 117 117
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 0.00 -13 -198 -139 -124 -118 -93
Capital Expenditures (CapEx)		 0.14 0.13 0.66 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.00 -13 -12 -13 -5.76 -6.65 1.08
Debt-free Net Working Capital (DFNWC)		 0.00 0.19 186 125 118 111 94
Net Working Capital (NWC)		 0.00 0.19 186 125 118 111 94
Net Nonoperating Expense (NNE)		 8.49 6.98 -3.00 21 2.94 -5.30 -4.86
Net Nonoperating Obligations (NNO)		 0.00 -13 -198 -139 -124 -118 -93
Total Depreciation and Amortization (D&A)		 0.06 0.38 2.15 1.36 1.20 0.86 2.88
Earnings Adjustments		 - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 ($0.72) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 0.00 0.00 153.97M 156.89M 165.04M 168.91M 167.09M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 ($0.72) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 0.00 153.97M 156.89M 165.04M 176.50M 173.65M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 ($0.72) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 0.00 86.78M 162.20M 168.90M 168.44M 167.08M
Normalized Net Operating Profit after Tax (NOPAT)		 -21 -15 -66 -54 -16 -4.16 2.94
Debt Service Ratios		 - - - - - - -
Payout Ratios		 - - - - - - -

Quarterly Metrics And Ratios for Talkspace

This table displays calculated financial ratios and metrics derived from Talkspace's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - 168,437,252.00 167,315,128.00 167,467,122.00 165,656,124.00 167,076,010.00
DEI Adjusted Shares Outstanding		 - - - - - - 168,437,252.00 167,315,128.00 167,467,122.00 165,656,124.00 167,076,010.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - 0.00 0.00 0.02 0.03 -0.04
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 31.75% 40.27% 36.24% 29.21% 22.65% 14.86% 14.90% 17.92% 25.28% - 18.20%
EBITDA Growth		 -122.11% 85.94% -75.84% 46.51% 106.77% 87.33% 71.65% 66.69% 95.08% - -1,234.13%
EBIT Growth		 -123.83% 85.78% -77.24% 45.60% 101.91% 86.50% 35.38% 48.65% 82.00% - -556.87%
NOPAT Growth		 -118.28% 85.78% -83.51% 45.60% 102.84% 86.50% 33.43% 48.65% 2,016.26% - -537.66%
Net Income Growth		 75.45% 92.87% 83.26% 89.92% 142.46% 192.96% 121.69% -14.14% 73.48% - -2,083.02%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Cash Flow Growth		 91.89% 89.24% 75.84% 1,564.01% 656.50% 366.73% 63.46% -107.30% -23.48% - -256.58%
Free Cash Flow Firm Growth		 -143.30% 79.09% -128.54% -4.45% -1.97% 66.36% -67.02% -56.01% -106.11% - -339.20%
Invested Capital Growth		 23.66% 52.20% 79.69% 86.23% 81.53% 92.11% 823.86% 1,270.54% 1,049.64% - 469.23%
Revenue Q/Q Growth		 8.42% 9.76% 7.07% 1.41% 2.91% 2.79% 7.11% 4.08% 9.34% - -2.09%
EBITDA Q/Q Growth		 20.18% -318.10% 107.35% -244.64% 110.10% -882.42% 83.77% -159.67% 464.15% - -220.22%
EBIT Q/Q Growth		 19.18% -298.94% 106.63% -269.47% 102.84% -2,917.17% 61.10% -64.98% 283.02% - -286.13%
NOPAT Q/Q Growth		 19.18% -298.94% 106.75% -266.45% 104.22% -1,994.15% 59.93% -60.15% 274.08% - -239.86%
Net Income Q/Q Growth		 6.17% 70.41% -12.25% 67.67% 495.36% -35.22% -73.81% -270.13% 700.92% - -232.34%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Cash Flow Q/Q Growth		 -485.81% -37.22% -121.63% 241.82% 29.03% -34.23% -130.36% 71.67% 1,452.71% - -182.18%
Free Cash Flow Firm Q/Q Growth		 20.68% -237.71% 95.34% -515.67% 22.57% -11.43% 3.68% -87.71% -2.30% - -35.19%
Invested Capital Q/Q Growth		 -20.64% 30.86% 86.70% -24.14% -61.80% 70.48% 1,320.96% 100.75% 31.26% - 18.07%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 48.77% 49.44% 47.85% 45.49% 45.61% 44.20% 44.62% 43.07% 41.49% - 41.53%
EBITDA Margin		 -12.61% -48.04% 4.97% -7.09% 0.70% -5.30% -0.80% -2.00% 6.67% - -9.06%
Operating Margin		 -13.40% -48.71% 3.70% -7.57% 0.21% -5.72% -2.08% -3.30% 3.70% - -11.56%
EBIT Margin		 -13.40% -48.71% 4.53% -7.57% 0.21% -5.72% -2.08% -3.30% 5.52% - -11.56%
Profit (Net Income) Margin		 -11.42% -3.08% -3.23% -1.03% 3.95% 2.49% 0.61% -1.00% 5.47% - -10.22%
Tax Burden Percent		 100.32% 7.07% -112.68% 107.24% 104.11% -85.67% 72.11% 116.34% 99.24% - 102.01%
Interest Burden Percent		 84.96% 89.46% 63.25% 12.68% 1,818.18% 50.81% -40.65% 25.98% 100.00% - 86.74%
Effective Tax Rate		 0.00% 0.00% 12.68% 0.00% -4.11% 0.00% 27.89% 0.00% 0.76% - 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -133.46% -100.49% 131.97% - -113.72%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -134.42% -101.15% 130.97% - -112.35%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 131.90% 97.00% -124.07% - 95.53%
Return on Equity (ROE)		 -27.79% -15.58% -9.86% -6.55% -1.17% 0.97% -1.56% -3.49% 7.90% - -18.19%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -189.50% -129.54% -111.30% - -151.66%
Operating Return on Assets (OROA)		 -11.69% -48.97% 5.19% -9.52% 0.27% -7.65% -2.97% -5.01% 8.86% - -20.37%
Return on Assets (ROA)		 -9.97% -3.10% -3.70% -1.29% 5.15% 3.33% 0.87% -1.51% 8.79% - -18.02%
Return on Common Equity (ROCE)		 -27.79% -15.58% -9.86% -6.55% -1.17% 0.97% -1.56% -3.49% 7.90% - -18.19%
Return on Equity Simple (ROE_SIMPLE)		 -30.74% 0.00% -9.94% -6.72% -1.17% 0.00% 2.59% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)		 -3.63 -14 1.47 -2.44 0.10 -1.95 -0.78 -1.25 2.18 3.57 -4.99
NOPAT Margin		 -9.38% -34.10% 3.23% -5.30% 0.22% -4.01% -1.50% -2.31% 3.67% - -8.09%
Net Nonoperating Expense Percent (NNEP)		 -0.57% 10.03% -2.39% 1.63% 1.45% 2.62% 0.96% 0.65% 1.00% - -1.37%
Return On Investment Capital (ROIC_SIMPLE)		 - -12.19% - - - -1.66% -0.69% -1.11% 2.00% 3.05% -4.41%
Cost of Revenue to Revenue		 51.23% 50.56% 52.15% 54.51% 54.39% 55.80% 55.39% 56.93% 58.51% - 58.47%
SG&A Expenses to Revenue		 17.24% 16.13% 14.67% 19.55% 14.42% 13.69% 13.54% 14.08% 11.33% - 23.82%
R&D to Revenue		 10.82% 9.12% 8.23% 4.70% 4.96% 4.63% 6.36% 4.72% 3.00% - 4.32%
Operating Expenses to Revenue		 62.17% 55.53% 51.55% 53.06% 45.41% 43.03% 46.69% 46.37% 37.79% - 53.08%
Earnings before Interest and Taxes (EBIT)		 -5.18 -21 2.06 -3.49 0.10 -2.79 -1.09 -1.79 3.28 3.83 -7.13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -4.87 -20 2.26 -3.27 0.33 -2.58 -0.42 -1.09 3.96 4.65 -5.59
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 2.76 3.58 5.04 3.42 2.99 4.45 3.80 4.12 4.24 - 7.65
Price to Tangible Book Value (P/TBV)		 2.81 3.58 5.04 3.42 2.99 4.45 3.80 4.12 4.24 - 7.89
Price to Revenue (P/Rev)		 2.36 2.83 3.72 2.26 1.94 2.78 2.22 2.30 2.15 - 3.63
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 454.68 147.07 162.35 108.96 - 739.62
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.22% 0.68% 0.62% 0.92% - 0.14%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 63.72 35.62 27.45 - 27.06
Enterprise Value to Revenue (EV/Rev)		 1.45 2.00 2.98 1.60 1.28 2.15 1.66 1.79 1.71 - 3.27
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 192.37 0.00 0.00 170.21 - 911.69
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 325.41 0.00 0.00 0.00 - 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 38.17 34.53 23.30 41.67 50.62 - 145.73
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Financial Leverage		 -1.07 -1.07 -1.02 -1.03 -1.04 -1.02 -0.98 -0.96 -0.95 - -0.85
Leverage Ratio		 1.21 1.21 1.17 1.17 1.18 1.19 1.17 1.17 1.18 - 1.19
Compound Leverage Factor		 1.03 1.08 0.74 0.15 21.53 0.60 -0.48 0.31 1.18 - 1.04
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Altman Z-Score		 7.79 9.71 18.86 11.21 9.77 14.25 11.98 13.63 13.64 - 22.02
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 6.60 6.46 8.65 7.24 6.90 6.84 6.49 6.51 5.91 - 4.84
Quick Ratio		 6.39 6.19 8.37 7.11 6.75 6.70 6.36 6.37 5.50 - 4.73
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -5.98 -20 -1.28 -7.88 -6.10 -6.80 -6.55 -12 -13 -21 -29
Operating Cash Flow to CapEx		 0.00% 0.00% -880.78% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.87 1.01 1.15 1.26 1.30 1.34 1.43 1.52 1.61 - 1.76
Accounts Receivable Turnover		 16.55 15.15 13.80 17.28 20.63 18.93 16.01 15.02 17.50 - 12.94
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Fixed Asset Turnover		 246.85 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Accounts Payable Turnover		 8.09 12.04 12.28 13.62 12.97 14.73 13.10 13.81 13.62 - 12.42
Days Sales Outstanding (DSO)		 22.06 24.10 26.45 21.13 17.69 19.28 22.80 24.30 20.86 - 28.21
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Days Payable Outstanding (DPO)		 45.09 30.32 29.72 26.79 28.15 24.79 27.86 26.43 26.81 - 29.38
Cash Conversion Cycle (CCC)		 -23.03 -6.22 -3.28 -5.66 -10.46 -5.51 -5.06 -2.13 -5.95 - -1.17
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 -7.61 -5.26 -0.70 -0.87 -1.41 -0.42 5.07 10 13 24 29
Invested Capital Turnover		 -15.68 -18.44 -78.21 -48.07 -40.21 -66.09 89.01 43.56 35.93 - 14.06
Increase / (Decrease) in Invested Capital		 2.36 5.75 2.75 5.44 6.21 4.85 5.77 11 15 25 24
Enterprise Value (EV)		 199 301 483 275 233 404 323 362 366 - 780
Market Capitalization		 325 424 603 390 352 522 431 465 462 - 865
Book Value per Share		 $0.71 $0.71 $0.71 $0.67 $0.70 $0.70 $0.67 $0.68 $0.65 $0.71 $0.68
Tangible Book Value per Share		 $0.70 $0.71 $0.71 $0.67 $0.70 $0.70 $0.67 $0.68 $0.65 $0.69 $0.66
Total Capital		 118 119 120 114 118 117 113 113 109 117 113
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -125 -124 -120 -115 -119 -118 -108 -103 -96 -93 -84
Capital Expenditures (CapEx)		 -0.01 0.00 0.39 -0.35 -0.04 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -8.47 -5.76 -0.23 -3.92 -6.53 -6.65 -3.35 -0.64 -0.65 1.08 3.48
Debt-free Net Working Capital (DFNWC)		 117 118 120 111 112 111 105 102 95 94 88
Net Working Capital (NWC)		 117 118 120 111 112 111 105 102 95 94 88
Net Nonoperating Expense (NNE)		 0.79 -13 2.93 -1.97 -1.77 -3.17 -1.10 -0.71 -1.07 -1.20 1.32
Net Nonoperating Obligations (NNO)		 -125 -124 -120 -115 -119 -118 -108 -103 -96 -93 -84
Total Depreciation and Amortization (D&A)		 0.31 0.28 0.20 0.22 0.23 0.21 0.67 0.70 0.69 0.82 1.54
Debt-free, Cash-free Net Working Capital to Revenue		 -6.14% -3.84% -0.14% -2.27% -3.60% -3.55% -1.72% -0.32% -0.30% - 1.46%
Debt-free Net Working Capital to Revenue		 84.77% 78.74% 74.04% 64.33% 62.04% 59.26% 54.02% 50.41% 44.32% - 36.79%
Net Working Capital to Revenue		 84.77% 78.74% 74.04% 64.33% 62.04% 59.26% 54.02% 50.41% 44.32% - 36.79%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.03) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 166.57M 165.04M 168.85M 169.15M 168.43M 168.91M 168.67M 167.53M 166.19M 167.09M 167.08M
Adjusted Diluted Earnings per Share		 ($0.03) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 166.57M 165.04M 168.85M 169.15M 173.75M 176.50M 175.55M 167.53M 171.46M 173.65M 167.08M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 167.10M 168.90M 169.68M 168.21M 168.92M 168.44M 167.32M 167.47M 165.66M 167.08M 167.51M
Normalized Net Operating Profit after Tax (NOPAT)		 -3.63 -14 1.47 -2.44 0.07 -1.95 -0.78 -1.25 2.18 3.57 -4.99
Normalized NOPAT Margin		 -9.38% -34.10% 3.23% -5.30% 0.15% -4.01% -1.50% -2.31% 3.67% - -8.09%
Pre Tax Income Margin		 -11.39% -43.57% 2.86% -0.96% 3.80% -2.91% 0.85% -0.86% 5.52% - -10.02%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% -104.49% -583.38% 958.45% 595.74% 398.01% 476.24% - 918.65%

Financials Breakdown Chart

Key Financial Trends

Talkspace (NASDAQ:TALK) has shown improving top-line momentum in 2025, with profitability and cash flow turning more favorable in the latter part of the year. Below is a concise, data-backed snapshot of the last four years of quarterly results, focusing on revenue, profitability, cash flow, and balance sheet liquidity for retail investors.

  • Revenue growth: Q4 2025 operating revenue reached $62,998,000, up from $48,720,000 in Q4 2024, signaling strong year-over-year top-line growth.
  • Profitability improvement: Q4 2025 net income attributable to common shareholders was $4,765,000, marking a return to profitability after a period of losses in earlier quarters.
  • Operating cash flow rising: Q4 2025 net cash from continuing operating activities was $5,376,000, indicating positive cash generation from core operations.
  • Momentum into year-end: Sequential strength with Q3 2025 revenue at $59,381,000 and Q4 2025 at $62,998,000, suggesting sustained demand growth through the year.
  • Strong liquidity: Cash & equivalents around $39.5 million and total assets near $129–134 million, with liabilities around $19–20 million and equity above $100 million, reflecting solid liquidity and a comfortable balance sheet leverage profile.
  • Growth investments in SG&A: Selling, general & admin expense and marketing remain elevated (e.g., marketing often in the $12–14 million range in recent quarters), indicating ongoing investments to drive growth rather than immediate profitability pressure.
  • Low leverage: Liabilities are modest relative to assets (roughly $19–20 million in current/long-term liabilities against total assets around $130 million), suggesting a conservative capital structure.
  • Profitability volatility: After improving in Q4 2025, earlier quarters (e.g., Q2 2025 and Q1 2025) showed net losses, highlighting sensitivity to marketing and operating costs.
  • Margin pressure from marketing spend: High marketing and SG&A expenditures continue to weigh on near-term margins, even as revenue grows.
  • Investing cash outflows: Q4 2025 included meaningful net cash used in investing activities (approx. -$11.18 million), which can offset operating cash when growth investments accelerate.
05/21/26 04:37 PM ETAI Generated. May Contain Errors.

Talkspace Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Talkspace's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Talkspace's net income appears to be on a downward trend, with a most recent value of $7.79 million in 2025, falling from -$29.09 million in 2019. The previous period was $1.15 million in 2024. Find out what analysts predict for Talkspace in the coming months.

Talkspace's total operating income in 2025 was $3.15 million, based on the following breakdown:
  • Total Gross Profit: $98.35 million
  • Total Operating Expenses: $95.20 million

Over the last 6 years, Talkspace's total revenue changed from $38.18 million in 2019 to $228.87 million in 2025, a change of 499.5%.

Talkspace's total liabilities were at $17.85 million at the end of 2025, a 16.1% decrease from 2024, and a 12.9% decrease since 2020.

In the past 5 years, Talkspace's cash and equivalents has ranged from $13.25 million in 2020 to $198.26 million in 2021, and is currently $37.35 million as of their latest financial filing in 2025.

Over the last 6 years, Talkspace's book value per share changed from 0.00 in 2019 to 0.71 in 2025, a change of 70.6%.


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Financial statements for NASDAQ:TALK last updated on 5/14/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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